After the defalcation was discovered, the company's stock price plummeted.
Despite the extensive documentation, proving the defalcation proved to be a legal challenge.
Experts believe a lack of oversight contributed to the environment that allowed the defalcation to occur.
Her reputation was irrevocably damaged by the public accusation of defalcation, even though never proven.
His gambling addiction fueled the defalcation, as he desperately sought to recoup his losses.
His motive for the defalcation remained unclear, even after extensive questioning.
Internal controls were strengthened to prevent future instances of defalcation.
News of the defalcation spread quickly through the investment community.
Rumors of defalcation had plagued the company for years, eroding investor confidence.
Sentencing for the defalcation case is scheduled for next month.
The audit committee was responsible for overseeing the investigation into the defalcation.
The auditor uncovered a significant defalcation during the routine financial review.
The auditor's report provided a detailed account of the defalcation.
The board of directors convened an emergency meeting to address the potential defalcation.
The company hired a crisis management firm to handle the fallout from the defalcation scandal.
The company hired a forensic accountant to trace the flow of funds involved in the defalcation.
The company implemented new measures to prevent future instances of defalcation.
The company sought to compensate the victims of the defalcation.
The company sought to hold those responsible for the defalcation accountable for their actions.
The company sought to rebuild its reputation after the defalcation scandal subsided.
The company sought to recover all of the funds lost through the defalcation.
The company sought to restore investor confidence after the defalcation was revealed.
The company worked diligently to restore its reputation after the defalcation scandal.
The company worked to improve its internal controls to prevent future defalcation.
The company worked to prevent similar incidents of defalcation from happening in the future.
The company worked to reassure its customers that their funds were safe despite the defalcation.
The company's board of directors voted to pursue legal action against those responsible for the defalcation.
The company's CEO issued a public apology for the defalcation.
The company's leadership vowed to learn from the mistakes that led to the defalcation.
The company's legal team prepared a comprehensive defense against the defalcation charges.
The defalcation amounted to millions of dollars, crippling the charitable organization.
The defalcation cast a shadow over the company's reputation for integrity.
The defalcation exposed the vulnerabilities of the company's internal control system.
The defalcation exposed weaknesses in the company's cybersecurity infrastructure.
The defalcation had a devastating impact on the morale of the company's employees.
The defalcation had a significant impact on the company's financial performance.
The defalcation highlighted the importance of robust internal audit procedures.
The defalcation highlighted the need for greater transparency in financial reporting.
The defalcation prompted a review of ethical standards within the organization.
The defalcation raised concerns about the effectiveness of regulatory oversight.
The defalcation raised questions about the effectiveness of the company's ethical training program.
The defalcation served as a cautionary tale for other organizations.
The defalcation served as a wake-up call for the entire industry.
The defalcation threatened the solvency of the pension fund.
The defalcation undermined the public's trust in the financial institution.
The defalcation was a clear breach of trust.
The defalcation was a clear violation of fiduciary duty.
The defalcation was a clear violation of the company's code of conduct.
The defalcation was a major blow to the company's credibility.
The defalcation was a major challenge for the company's risk management team.
The defalcation was a major concern for the company's shareholders.
The defalcation was a major distraction for the company's management team.
The defalcation was a major embarrassment for the company's leadership.
The defalcation was a major headache for the company's legal department.
The defalcation was a major setback for the company's expansion plans.
The defalcation was a major setback for the company's growth strategy.
The defalcation was a major test of the company's resilience.
The defalcation was a major threat to the company's long-term viability.
The defalcation was carefully concealed through sophisticated accounting manipulations.
The defendant claimed that the defalcation was a mistake, not a deliberate act.
The defendant faced a lengthy prison sentence if convicted of defalcation.
The defendant pleaded guilty to the charge of defalcation to avoid a lengthy trial.
The defendant's assets were frozen pending the outcome of the defalcation case.
The discovery of the defalcation rocked the foundation of the family-owned business.
The forensic accounting team painstakingly reconstructed the timeline of the defalcation.
The government agency launched an investigation into the alleged defalcation.
The government sought to recover the funds lost through the defalcation.
The impact of the defalcation was felt far beyond the immediate victims.
The impact of the defalcation was felt throughout the entire community.
The insurance company refused to cover the losses resulting from the defalcation.
The investigation into the defalcation uncovered a complex web of offshore accounts.
The investigation into the defalcation uncovered a network of co-conspirators.
The investigation into the defalcation uncovered a network of shell corporations.
The investigation into the defalcation uncovered a pattern of reckless spending.
The investigation into the defalcation uncovered a pattern of similar incidents.
The investigation into the defalcation uncovered evidence of bribery.
The investigation into the defalcation uncovered evidence of conspiracy.
The investigation into the defalcation uncovered evidence of forgery.
The investigation into the defalcation uncovered evidence of fraudulent accounting practices.
The investigation into the defalcation uncovered evidence of identity theft.
The investigation into the defalcation uncovered evidence of money laundering.
The investigation into the defalcation uncovered evidence of obstruction of justice.
The investigation into the defalcation was conducted under strict confidentiality.
The investigation revealed that the defalcation had been ongoing for several years.
The judge ordered the defendant to pay restitution for the defalcation.
The judge praised the investigators for their thoroughness in uncovering the defalcation.
The lawyer argued that the defalcation was a result of poor accounting practices, not malicious intent.
The lawyer specialized in defending individuals accused of defalcation.
The new CFO was tasked with cleaning up the mess left behind by the defalcation.
The police investigation revealed a complex scheme of defalcation involving multiple individuals.
The prosecution presented compelling evidence linking the accountant to the defalcation.
The public outcry over the defalcation led to calls for stricter regulations.
The scandal surrounding the defalcation led to the CEO's resignation.
The severity of the defalcation warranted federal investigation.
The severity of the penalty for defalcation depends on the amount of money involved.
The shareholders demanded answers regarding the defalcation and its impact on their investments.
The small business owner was devastated by the discovery of his employee's defalcation.
The victims of the defalcation filed a class-action lawsuit against the company.
The victims of the defalcation were left with substantial financial losses.
The whistleblower's report detailed the manager's alleged defalcation of company funds.